The CEO of the failed Boston Grand Prix did not show up for a court hearing Friday in which a judge decided to freeze his assets.

5 Investigates broke the news in June that Boston Grand Prix was out of money and could not refund hundreds of thousands of dollars to people who had purchased advance tickets to races planned for Labor Day weekend.

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During three days of bankruptcy hearings, CEO John Casey admitted that he paid himself more than $608,166 and claimed that he is still owed another $377,834.

Casey has always insisted that any money used for personal expenses was part of his compensation agreement.

A court filing from December claimed that Casey used BGP money for personal expenses, including "a total of $298,750.91, to pay for the charges made on Casey's personal credit cards;" tens of thousands of dollars in payments for his personal mortgage and other properties; payments for a Porsche that Casey still drives, and a $20,000 down payment and follow-up payments on a BMW sports car.

The paperwork refers to many of the transactions as "fraudulent transfers."

Casey did not file an objection to the bankruptcy trustee's motion to freeze his assets.

Casey did not show up for the bankruptcy hearing & did not file any objection to the bankruptcy Trustee's motion to freeze his assets #wcvb